Alliance sees results in helping trade finance professionals recertify

Singapore, 28 August: Thanks to a successful partnership between the educational arm of the International Chamber of Commerce (ICC) — the ICC Academy — and the London Institute of Banking and Finance (LIBF), professionals from 20 countries have maintained their trade finance qualifications with ease.

Trade finance practitioners who are holders of LIBF’s Certificate for Documentary Credit Specialists (CDCS®) and Certificate for Specialists in Demand Guarantees (CSDG®) are required to earn points in order to retain their qualifications. Certifications are valid for a three-year period.

To better facilitate recertification, certificate holders simply need to complete the ICC Academy’s consolidated Certified Trade Finance Professional (CTFP), the equivalent of 36 professional development units (PDU), to keep their qualifications in order. The CTFP is an advanced-level programme that delivers expertise on key trade finance products and techniques, as well as compliance issues. CDCS® and CSDG® holders are also able to access the ICC Academy’s core e-course pack by using their credit exemptions at a special reduced rate.

Reflecting on the collaboration, ICC Academy General Manager Daniel Kok said: “In the ever-increasing globalised and competitive trade finance market, the importance of recertification through continuous professional development cannot be overstated. We are glad to have partnered with LIBF in this endeavour to support trade finance practitioners in their pursuit of professional training.

Both institutions have a strong track record of bolstering the trade finance community with their top-of-the-line training programmes. Together, through this alliance, certificate holders from the ICC Academy and LIBF can stay up-to-date with the latest developments and best practices, in addition to benefitting from continued professional development. What is more, professionals worldwide have the opportunity not only to enhance their international trade finance knowledge and master essential aspects of its products and services but also the possibility of advancing their careers.

LIBF Relationship Director David Morrish said: “The alliance between the ICC Academy and LIBF has been a successful one. The trade finance sector is forever changing, creating exciting opportunities for professionals but that, in turn, brings challenges. With this strategic partnership, we have been enabling trade finance professionals to develop their skills and expertise though a combination of highly regarded online courses and qualifications.

“Our aim has always been to support trade finance professionals maintain and broaden their specialist knowledge. The ICC Academy and LIBF have been long-term strategic partners and will continue to work hand-in-hand to raise awareness of the importance of international trade finance to the global economy, as well as to promote professionalism among its practitioners.”

In celebrating the alliance, the ICC Academy is giving a 15% discount on its consolidated CTFP programme. CDCS and CSDG holders can use the code ICCALIBF2018, which is valid until 31 October, to enjoy this special offer.

To learn more about LIBF’s trade finance certifications, visit their website.

For more information, contact

Priyanka Satapathy
Marketing and Events Manager